Transferability Clause Example with 89 Variations from Business Contracts

This page contains Transferability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Transferability. The Option may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate.

Variations of a "Transferability" Clause from Business Contracts

Transferability. The Option Restricted Stock Units may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 11 shall be void and unenforceable against the Company or any Affiliate. unenforceable.
Transferability. The Option Restricted Shares may not not, at any time prior to becoming vested pursuant to Section 3, be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shal...l not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. View More
Transferability. The Option Unless otherwise determined by the Committee, the SSARs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the 4 designation of a beneficiary shall not constitut...e an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. During the Participant's lifetime, the SSARs are exercisable only by the Participant. View More
Transferability. The Option Restricted Shares may not not, at any time prior to becoming vested pursuant to Section 2, be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate.
Transferability. The Option Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance not permitted by this Section 11 shall be void and unenforceable against the Company or any Affiliate. unenforceable.
Transferability. The Option Unless otherwise determined by the Committee, the SSARs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, 4 and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shall not constitut...e an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. During the Participant's lifetime, the SSARs are exercisable only by the Participant. View More
Transferability. The Option Restricted Stock may not not, at any time prior to becoming vested, be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company Company; provided, that the designation of a beneficiary shall not constitute an assignmen...t, alienation, pledge, attachment, sale, transfer or any Affiliate. encumbrance. View More
Transferability. The Option Unless otherwise determined by the Committee, the SSARs may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shall not constitute ...an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. During the Participant's lifetime, the SSARs are exercisable only by the Participant. View More
Transferability. The Option Unless otherwise determined by the Committee, a Restricted Stock Unit may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and 3 distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shall... not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. View More
Transferability. The Option Unless otherwise determined by the Committee, a Restricted Stock Unit may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or 3 encumbrance shall be void and unenforceable against the Company or any Affiliate. Affiliate; provided that the designation of a beneficiary shall... not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. View More